Bank of america Stories
Banks Can Seize $1,200 Coronavirus Check Sent To Taxpayers By Government
An exclusive report from The American Prospect reveals that the $2 trillion stimulus bill passed by Congress contains no rules stopping banks from seizing the $1,200 government stimulus checks to pay down personal debts.
Many Small Businesses Still Waiting For Federally Authorized Loans During Time Of Extreme Duress
Small businesses are still waiting for loans under the federal stimulus program.
Some Analysts Predict Economic Doomsday, Millions of Job Losses, In US Due To Coronavirus
Some experts are warning of catastrophic damage to the U.S. economy
Argentina Proposes $69 Billion Debt Restructure Plan
Argentina proposes $69 billion debt restructure plan
iPhone SE 2, iPhone 12 Release Could Be Delayed, Analysts Say
Analysts believe that Apple's upcoming handsets – be it capable of supporting 5G or not – will be delayed due to the current coronavirus problem.
Bank Of America Reports Weaker Profits In Q4 Amid Lower Interest Rates
Lower interest rates have hit the profit margins of the U.S. banking sector.
Jack Finds Its Management Jumping Out Of The Box
The CEO and three executives announced their departure from Jack in the Box.
Wild Bank Robbery Shootout: Gunman Killed, While Chicago Police Officer And Teenager Wounded
The two wounded were reported to be in stable condition while the alleged suspect was killed in the gunfire.
US Banks BB&T And SunTrust Get Final Approval Of Merger
US banks BB&T and SunTrust get final approval of merger
Apple Developing A National ID Verification System?
A report speculates that Apple could either be working on a long-term project related to its payment service popularly known as Apple Pay, or something that's more like a Virtual National ID Verification System.
US Fed Eases Liquidity, Capital Norms For Local And Foreign Banks
The U.S. central bank Federal Reserve on Thursday eased capital and liquidity requirements for domestic American banks and foreign banks.
Is Bank Of America Offering Car Loan For Tesla Roadster 2020?
The upcoming Tesla Roadster (2020) is taking over the consciousness of some Tesla true believers.
Stock Market Today: US Markets Gain On Hong Kong, Brexit Developments, Dow Gains 0.9%
Hong Kong's leader's decision to withdraw an extradition law and the British Parliament's decision to block a hard exit from the EU sent stocks higher.
US Economic Calendar For The Week Of July 29, 2019
International Business Times poll on major U.S. economic releases scheduled for the week of July 29, 2019.
Fed To Hold Line On Rates But Signal Readiness To Cut In June Meeting: IBT Poll
All economists polled by International Business Times expect the Federal Reserve to leave interest rates unchanged and signal an easing bias at its upcoming meeting.
Warren Buffett's Berkshire Hathaway Has Been Buying Amazon Stock
Billionaire investor Warren Buffett has revealed that his company Berkshire Hathaway had been buying shares of Amazon. But he also made it clear that personally, he was not behind those purchases.
McDonald’s To Hire Older Employees Aged Fifty And Above, Hopes Seniors Take Morning Shifts
Fast food giant McDonald’s is throwing open its workforce to people at 50 and above in a bid to address the shortage of young workers on morning shifts.
Bank Of America To Raise Minimum Wage To $20 For All Employees
Bank of America announced their plan to increase minimum wage for employees to $20 by 2021.
US CEO Salary Is At $1M Monthly, Workers Only Make 0.38% Of That
U.S. CEOs are paid far too much while workers receive far too little.
Analysts See No Rate Hike In Fed’s March Meeting: IBT Poll
The Fed is expected to remain “patient” and hold the rates Wednesday but more than half of the 31 analysts polled, still expect the central bank to hike rates once this year.
Bank of America Drops Merrill Lynch Name In Rebranding Drive
In a rebranding exercise, the Bank of America has announced dropping of Merrill Lynch name from most of its businesses.
Apple Thinks Climate Change Could Help Increase iPhone Demand
Apple predicts that climate change can impact its business positively by increasing the demand for iPhones.
PG&E Bankruptcy Update: Utility Secures $5.5 Billion In Financing
PG&E has secured $5.5 billion in financing from four banks to fund its Chapter 11 bankruptcy filing.
Fed To Turn Dovish On Rate Hikes In 2019: IBT Poll
Majority analysts polled by International Business Times expected a rate hike in the December meeting, but saw the Fed cutting back on the number of rate hikes next year.
Oil Prices Face Upward Pressure From Falling Iranian Exports: IBT Poll
Analysts revised upward their WTI and Brent crude forecasts for the fourth quarter of 2018, as concerns over Iran’s supply and lack of action by OPEC continue to lend support.
Bank Of America To Engage Gun Manufactures On Assault Weapons
Bank of America became the latest entity that said it looked to pose concerns to gun makers regarding assault weapons.
Cryptocurrency A Risk Factor, Bank Of America Says In Annual SEC Filing
In its annual filing with the Securities and Exchange Commission, Bank of America said cryptocurrencies were “speculative or risky” products.
Alleged Bank Thief Arrested During Job Interview With Police Department
An Arizona man went in for a job interview with the police department that had been looking for him for more than a year, resulting in his arrest.
Price vs. Value: What Millennial Home Buyers Really Want
These three things should be considered when focusing in on what millennials value even more than price.
Bank of America Has Filed Dozens Of Blockchain Patents
Distributed ledgers are officially the next big thing in finance.